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Feb 10, 2023

1) Online vs. In-Person Sales

When you first start, and before you begin to understand online sales trends, you could be wondering whether e-commerce is your best choice. Based on the Quarterly Retail E-Commerce Sales Report from the Department of Commerce, online sales have steadily increased until 2022. The growth continued regardless of the ban on online shopping person was eliminated completely. These trends are likely to continue into 2023 and possibly beyond.

What do these implications mean for creators of content? If you're planning to start a shop when the revenue begins to arrive but e-commerce could generate more steady income over time. The online sales could also offer creators other benefits such as:

  • The advantages of having overhead stores could cost thousands of dollars per month on rent, utility, maintenance, and staffing. You can also join with an established online sale platform (like ) and pay only the smallest percent of the total cost.
  • The effort and time necessary to create the base of an online store can cost a lot, take a long time and also stressful. This creates a variety of options for people creating content to get disillusioned and reluctant to start. But, with a reputable eCommerce site that you can utilize all the features in order to get selling online immediately.

2.) The Monetization of Content Creation Trends

The ability to earn money is crucial in the process of monetizing your work. What's the best method through which content creators can make money? Our benchmark for 2022 Content Entrepreneur Research offers insight that can forecast the most lucrative avenues for your business.

The trend towards checkouts are predicted to grow in 2023. Many creators are likely to utilize e-commerce platforms that offer customized and automated checkout options.

4.) Live Sales Streaming The Emergence of Live Commerce

Creators of content and influencers know about the buying potential from social networks. They are therefore positioned to thrive in the current fashion of sales, which includes live sales.

Live Commerce is a technique that has viewers enticed to purchase the products featured in the live stream they're viewing. By providing links to the page of the product, together the automated check-out customers can purchase during the livestream.

According to Statistica the livestream market was valued at 17 billion dollars in the US in 2022. According to Statistica, the amount is predicted to grow by a third within of three years. If you're looking to increase the power of livestreams, stay ahead of this growing trend until 2023.

  • Credit and debit cards In an age where traditional ways for payment have lost market share to newer alternatives such as credit and debit cards, they have a top position in the rankings of. According to information obtained from WorldPay Credit cards are still anticipated to comprise 20.8 percent of transactions online until 2024. In contrast, debit card purchases are expected to comprise 12.0 percent of purchases made online.
  • Mobile apps for payment Information gathered through Insider Intelligence suggests that the 2023 market's year-end is predicted to reach $1.152 trillion for mobile payment applications. This comprises PayPal along with Zelle. Paying with mobile applications that do not have compatibility may render your business's brand unaccessible to transactions which are essential for the success of your business.
  • Mobile wallets like Apple Pay, Google Pay, Samsung Pay, as well as a variety of others have been exploding within the last couple of years with regard to the amount of use. They're safe and simple to make use of. They are anticipated to make up 51.7 percent of transactions in electronic commerce by 2024.
  • The BNPL system: Buy now, buy later (BNPL) Payment methods are growing in the market. One of the most popular examples of this is Klarna which is the BNPL platform that splits customer purchases into four interest-free payments. Afterpay and Affirm have significant stakes within the same market. As per Juniper Research, the e-commerce market was home to approximately 360 million BNPL customers as of 2022. It is predicted to rise to the 300 million mark in 2027.

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